$168.39
+2.40 (+1.45%)
At Close: Jun 08, 2026
Oil Consolidates; Larger-Than-Expected Fall in U.S. Inventories May Weigh
08:13pm, Wednesday, 07'th May 2025
Oil consolidated in the early Asian trade. Crude oil prices have been volatile as traders are still worried over OPEC+'s production policy, Pepperstone said.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Profit-Taking
01:46pm, Wednesday, 07'th May 2025
Oil traders rushed to take some profits off the table after the recent rebound.
Oil market 'smile' suggests Saudi Arabia's output shift was well timed
01:07pm, Wednesday, 07'th May 2025
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed.
Crude Oil Falls 1%; Uber Sales Miss Estimates
12:31pm, Wednesday, 07'th May 2025
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 0.2% on Wednesday.
U.S. Crude Oil Stockpiles Fall Amid Lower Production
11:10am, Wednesday, 07'th May 2025
U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below the five-year average for the time of year, the EIA said.
Crude Inventories Drop By 2 Million Barrels; WTI Oil Tests Session Lows
10:46am, Wednesday, 07'th May 2025
Gasoline inventories increased by 0.2 million barrels, exceeding analyst estimates.
Crude Oil Price Outlook – Crude Oil Struggles with Barrier
09:53am, Wednesday, 07'th May 2025
The crude oil market rallied a bit in the early hours of Wednesday, as the markets continue to pay close attention to the idea that the US and China are talking soon. Furthermore, people will be out t
RBC's Helima Croft: Falling crude prices due to trade war concerns & OPEC member decisions
09:06am, Wednesday, 07'th May 2025
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy markets, oil price trends, Iran nuclear negotiations, and more.
Should You Invest in the SPDR S&P Oil & Gas Exploration & Production ETF (XOP)?
07:20am, Wednesday, 07'th May 2025
Designed to provide broad exposure to the Energy - Exploration segment of the equity market, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is a passively managed exchange traded fund launc
Oil News: Bullish Sentiment Builds on U.S. Output Cuts and China Trade Hopes
06:41am, Wednesday, 07'th May 2025
Crude futures rebound on China trade talk optimism, lower U.S. output, and bullish chart signals—setting up a potential breakout above key resistance.
Natural Gas and Oil Forecast: Will Demand Recovery Drive the Next Bull Run?
03:37am, Wednesday, 07'th May 2025
Natural gas and oil prices rise as tight supply and demand recovery fuel bullish sentiment. Key levels and technical outlook for the coming weeks.
Oil prices face geopolitical risk with a potential 'meltdown' to $40: JBC Vienna
12:03am, Wednesday, 07'th May 2025
Johannes Benigni, Director of Energy and Politics at JBC Vienna, warns how geopolitical risks and U.S.-China trade tensions could push oil prices to $40 'easily', though he notes that lower prices are
Oil up on signs of more Europe and China demand, less US output
08:49pm, Tuesday, 06'th May 2025
Oil prices rose on Wednesday on signs of weakening production in the U.S. and higher demand in Europe and China as buyers emerged after prices fell to new lows earlier in the week.
Oil Rises After U.S. Reaches Truce With Houthis in Yemen
08:27pm, Tuesday, 06'th May 2025
Oil rose in the morning Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.
Crude Oil Price Forecast: Eyes Reversal as Bullish Signals Strengthen
04:42pm, Tuesday, 06'th May 2025
Crude oil's higher low and bullish reversal suggest a potential rebound, with resistance levels and consolidation zones offering clues for near-term market direction.
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